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Daily: UK prompt gas prices climb backed by temperatures under freezing point

U.S. crude climbed more than 1 percent on Thursday being supported by reports indicating a decline in initial unemployed claims last week and an increase in housing which began in December and following worries about an attack by Islamist militants on an Algerian gas plant.

read more... 18/01/2013

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RWE launches carbon capture plant at UK coal plant

German utility RWE has launched a carbon capture pilot project at the 1,560MW Aberthaw coal and biomass-fired power plant in Wales.

read more... 18/01/2013

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Daily: European power spot prices settle higher on colder temperatures

Brent and U.S. crude oil futures settled higher on Wednesday supported by Energy Information Administration's (EIA) weekly inventory report showing a decline in U.S. crude last week.

read more... 17/01/2013

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EDF’s eight nuclear power stations produced 60 TWh electricity output

EDF Energy has recently announced that its eight nuclear power stations produced 60 TWh of electricity output, beating a new record of production, the highest in seven years.

read more... 17/01/2013

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OPEC downwardly revises demand for its crude oil in 2013

The Organization of Petroleum Exporting Countries (OPEC) is forecasting that the demand for its crude to slash because of an ample production from main competitors, showing that the inventories could significantly bolster despite a massive cut in output by top exporter Saudi Arabia.

read more... 17/01/2013

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